Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$936,784$936,784$1,525,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$588,716$0
Funding fee$0$0$0
Note rate6.12%6.12%7.24%
Blended rate6.67%7.087%7.48%
1st payment$5,826.93$5,826.93$10,396.25
2nd payment$0.00$3,802.13$0.00
Taxes / mo$777.08$777.08$777.08
Insurance / mo$216.67$216.67$216.67
MI / mo$439.77$439.77$305.10
HOA / mo$0.00$0.00$0.00
Total monthly$7,260.45$11,062.58$11,695.10
Cash to close$758,216$169,500$169,500